Eastman's Specialty Chemicals Should Benefit From Near-Term Recovery and Long-Term Demand Growth

Through acquisition and internal development, Eastman Chemical owns a solid portfolio of specialty chemicals that are used in safety glass, window tinting, and specialty plastics, all of which offer a solid long-term growth profile. To expand its specialty portfolio, the firm invests roughly 4% of sales from its additives and functional products and advanced materials segments in research and development, which is in line with its specialty chemical peers. Eastman is well positioned to meet growing demand for auto window interlayers, including heads-up displays, and specialty plastics.